Badger Cab was established in the summer of 1946. Upon their return from World War II, six veterans with taxi backgrounds pooled their resources and established Badger Cab Company. Each one owned at least one vehicle and as independent "owner-operators" shared the expenses of a dispatch service and a business office. Badger Cab was Madison's original taxi cooperative. As business increased and the size of the company grew, drivers added vehicles to their holdings and leased them to other drivers. Eventually the company incorporated with the original "owner-operators" becoming shareholders. In 1980 Badger Cab converted it's fleet to cleaning burning propane fuel.

Today, although the company is privately owned, all Badger Cab drivers are independent contractors, with lease fees paying the common expenses of capital purchases, fuel, maintenance, dispatching services, office expenses, staff salaries, etc. Serving the general public, government agencies and area businesses, Badger Cab services almost one million passengers and delivery customers per year, logging over 3 million miles annually.